Economy
During its history Quincy has been known as a manufacturing and heavy industry center, with granite quarrying dominating employment in the 19th century and shipbuilding at Fore River Shipyard and Squantum Victory Yard rising to prominence in the 20th century. The recent decades have seen a shift in focus to several large employers in the financial services, insurance and health care sectors of the economy. Quincy is the location of the corporate headquarters of several firms, including Boston Financial Data Services, the Stop & Shop supermarket chain, Arbella Mutual Insurance Company and The Patriot Ledger, publisher the South Shore's largest regional newspaper.
Other major employers with offices in Quincy are State Street Corporation, Blue Cross Blue Shield, Harvard Pilgrim Health Care and Boston Scientific. TACV, national flag carrier airline of Cape Verde, has its United States corporate office in Quincy. The Quincy office serves residents of Connecticut, Massachusetts, and Rhode Island.
Read more about this topic: Quincy, Massachusetts
Famous quotes containing the word economy:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)